Bank Of India Sitapur Chitrakoot Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Sitapur Chitrakoot Uttar Pradesh

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MICR Code	261448027
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Raheemabad
Contact	91-8052302821
Bank Details	Bank Of India Raheemabad BKID0AG2259

Location	Sitapur, Chitrakoot
City	Sitapur
District	Chitrakoot
State	Uttar Pradesh
Pincode	261131
Country	IN
Address	Vill. Rahimabad blockkhairabad porahimabad tahsilsitapur , pin261131

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 261448027 for Raheemabad branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 261448027 of BOI, Raheemabad branch makes the system almost error free and faster. Use of BOI MICR codes for Raheemabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Bank Of India are available with micr code -

>>Angarasi >>Beehatgaur >>Fateh Nagar >>Indrauli >>Korauna >>Kursi >>Makhuwapur Chaubepir >>Mandarua >>Naipalapur >>Patabojh >>Pokhara >>Raheemabad >>Raipur >>Ratausia >>Samaisa >>Suhetara

MICR code for Bank Of India Raheemabad

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Raheemabad is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 261448027 is the MICR code of Bank Of India for Raheemabad branch. MICR code for Raheemabad branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for BOI Raheemabad is presented in the table alongside.

Use of BOI MICR code for Raheemabad branch in sitapur

The MICR code 261448027 is used in RBI cheque clearing process to identify the branch Raheemabad and BOI bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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